Understanding Bitcoin Cash (BCH) and its Functionality

Key Features of Bitcoin Cash Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork from the original Bitcoin (BTC) in 2017. It was designed to address some of the limitations of Bitcoin and provide a scalable and efficient digital currency for everyday transactions. …

Lightning Network Explained: The Basics and Operation

What is the Lightning Network? The Lightning Network is a second-layer scaling solution for the Bitcoin network. It is designed to address the scalability issues of the Bitcoin blockchain, allowing for faster and cheaper transactions. At its core, the Lightning Network is a network of payment channels that are built …

Bitcoin Misery Index (BMI) Meaning Goals FAQs

What is the Bitcoin Misery Index (BMI)? The Bitcoin Misery Index (BMI) is a metric developed by Wall Street strategist Thomas Lee to measure the sentiment of Bitcoin investors. It is designed to provide insights into the overall mood and sentiment of Bitcoin holders, helping them make informed decisions about …

51% Attack: Definition, Risk, Example, Cost

What is a 51% Attack? A 51% attack is a potential security threat that can occur in blockchain networks, such as Bitcoin. It refers to a situation where a single entity or a group of entities gain control over more than 50% of the network’s mining power. When an entity …